Switzerland is an important magnet for shipping interests. Mediterranean Shipping Company (MSC), the second largest global shipping line, has its worldwide headquarters in Geneva and a number of companies are based along the shores of Lake Geneva but also Lugano and Zug.
Several STSA member shipping companies fly the Swiss pavillion such as ABC Maritime AG.
In addition, several shipbrokers, such as Riverlake Shipping, specialising in tanker chartering, are operating out of Geneva. Other brokers, such as RBS based in Paris also have offices in Geneva.